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coming up on the fist call cliff. tracy byrnes and ashley webster speak with former senator pete domenici. stay with us on fox business. tracy: good afternoon, i'm tracy byrnes. ashley: i'm ashley webster. standoff on the fiscal cliff. both side say the other needs to get serious about making a deal. the question is who will flinch first? tracy: former senator and debt reduction task force co-chair pete domenici is here. stocks twisting and turning on every word out of washington. we'll hear from a top strategist to protect your investments amid all the volatility. ashley: a trillion dollar problem getting enough attention. american student loan debt surging now topping credit cards and auto loans. tracy: we'll. ashley: we'll have you will the very pering numbers ahead. tracy: after all that i said senator domenici's name wrong. nicole petallides is on the floor of new york stock exchange. nicole, stocks trying to hold onto this 50 point gain here. >> we're actually moving higher now. we're moving close to highs of the day. we sold off early on coming off heels of yesterday where a lot of
to fiscal cliff with tax hikes. this could change your entire strategy. tracy byrnes and ashley webster all over the story next here on fox business. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >> just going to stand here? dow is down 36 points. >> i didn't know we were coming up. >> there it is. we can just -- >> nasdaq is really in good shape. it is on track to close up seven consecutive sessions which would be the longest winning streak in 16 months, ashley and tracy. >> look who is back, ashley webster. tracy: i think that is the most important news of the day. ashley: lottery got to 500 million. had to come back. that's all i'm saying. you're not going to win. because i'm winning. >> how many tickets did you by already? ashley: i
with us. ashley: good afternoon, everybody. i'm ashley webster. tracy: i'm tracy byrnes. stocks are losing their grip on the gains we had as we enter the last two hours of a brutal market, coincidentally happened the same time our president spoke. hmmm. the dow headed for third straight losing week of the nasdaq hasn't gained the past five weeks at all. ashley: the turnaround came after president obama claimed american voters endorsed his plan to raise taxes on the highest earnings. with the clock ticking toward a fiscal cliff, will they get down to work? tracy: i don't know. long gas lines in line for new jerseyians, we should put that in the script. we're talking with one new york official who used to work in the white house situation room. he is outraged. ashley: some people not getting power back until next tuesday. tracy: that is jersey. ashley: ray hennessey told me that. that is awful. stocks as we do every 15 minutes. sandra smith at the new york stock exchange. sandra, we're flat but stayed in negative territory no doubt after the president's comments. >> really undid a lot of ear
byrnes. >> i'm ashley webster. new urgency on the fiscal cliff. both the president and republicans say they're confident a deal can be reached and both admit not doing so would be disasterous. tracy: yeah. stocks hit session highs after the president spoke. we don't see that very often. market guru jim bianco is here. he says why he thinks companies moving up dividends to avoid the fiscal cliff actually could backfire on them. ashley: maybe they should hang onto the cash. new home seals raising doubts about the strength of housing recovery. cold well bank are incoming ceo, budge huskey will tell us really what is going on with housing. tracy: and at this time we'll go down to breaking news from the federal reserve. peter barnes has the details. hey, peter. >> hey, tracy. that's right. the latest beige book from the fed and says, quote, economic activity expanded at a measured pace in recent weeks and, there have been modest improvements in hiring. this is the beige book that the fomc members will use at debate and possibly change policy although it is expected that it is steady as she
in with tracy byrnes and ashley webster next on fox business. don't miss it copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate mecal help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and conspation. nothing can reverse copd spiriva helps me breathe better. (blowing sou) ask your doctor about spiriva. tracy: good afternoon, i'm tracy byrnes. ashley: and i'm ashley webster. house speaker boehner says fiscal cliff talks, well, they have gone, quote, almo
with europe. ashley: we're not greece, put it that way. melissa: cradle to grave. it is lovely and it is fun. no, we just live in europe now. it is okay. tracy: still the greatest country in the whole wide world. >> it is. tracy: if it was europe we would be on siesta. melissa: see? take it away, guys. ashley: when you think about it, is there anything wrong with that. good afternoon, everybody, i'm ashley webster. tracy: i'm tracy byrnes. stocks hit session lows but they have come back a bit. dow is still down 43 points adding to yesterday's route. it has lost roughly half of the 2012 gains in the last five weeks. ashley: another wave of power outages in the northeast. will sandy and the northeast put the lights out on vacation spending in the country's most pop youlous region. tracy: plus more trouble ahead for tech. one venture-capitalist says m&a and the ipo market will not bounce back anytime soon. ashley: no. look after yesterday's big selloff we're still off 45 points on the dow. off the session lows. time for look at stocks as we do every 15 minutes. nicole british petroleum on the f
crisis. melissa: ashley webster and cheryl casone with ways to invest after the recovery. here they come right now. >> melissa had to hitch a ride to work. >> whatever. it is new york. everyone is doing whatever they can to get it done. we have a market rally. 117 points on the dow. >> hurricane relief rally? >> i don't know. ashley: i'm trying to picture melissa hitchhiking. did you raise the thumb up and a little bit of leg? melissa: no, i had my tennis shoes on. it was not a sexy look. cheryl: your five closest new york friends in a cab together. melissa: right. lori: no traffic out there. melissa: yesterday, total gridlock. a new surprise every day around here. there you go. ashley: thank you. good afternoon, everybody. i'm ashley webster. cheryl: hi, everyone, i'm cheryl casone. stocks are soaring on upbeat economic news up triple digits although we're off session highs. it is all really a warm-up for tomorrow's all important jobs report. we'll tell you how to play it. ashley: plus the lights are slowly, and i mean slowly coming back on after sandy. life is anything but back it norm
glk350 for $399 a month at your local mercedes-benz dealer. tracy: i am tracy byrnes. ashley: and you are back. i am ashley webster. president obama saying we are moving in the right direction. mitt romney says not fast enough. tracy: we have to get you up to date on the very latest storm aftermath. staten island is screaming for help. aid going to other parts of new york and new jersey. lines for gas extend for miles. ashley: power is out. hundreds of homes have been destroyed. the city is still planning to run the annual math on that starts off on sunday. a lot of people are not happy about that. the mayor of new york, mr. bloomberg, says it will go ahead. stocks now. the dow heading down. we will go down to nicole petallides at the new york stock exchange. very much a ho-hum day. nicole: yes and no. we have had a very busy week. the dow is that session lows. down 71 points. we are trying to kick off november with positive of arrows. october had down arrows. we had four months of of arrows. october, we sold the selling underway. let's take a look at how we are very right now. the do
for snack maker hostess and the hiring outlook for the next crop of college graduates, ashley morrison is here in new york with more. >> reporter: this could be the day when hostess brand goes out of business. the maker of twinkies, won bread and other products say it may liquidate its business as early as today unless striking workers go back to work. 18,000 workers would lose their job. the company shut three plants earlier this week. some employees will return to work. continued concerns about the fiscal cliff in the u.s. slowed down stocks in asia. hong kong's hang seng grew up and the nikkei added 2%. wall street stocks posted a third consecutive decline driven by weak retail forecasts and higher unemployment claims. the dow lost 28 points on thursday. nasdaq ended nine points lower. investors will be watching today's meeting between president obama and congressional leaders for signs of a break in the fiscal cliff negotiations. federal reserve chairman says banks are keeping the economy from getting better. many credit worthy borrowers can't get loans to buy new homes. he says ba
winner. ashley and francis. ashley wrote in to tell us about her mom. her mom adopted ashley when she was just an infant. >> francis has worked with special education children for more than 15 years and has battled thyroid cancer herself. first, here's their story. >> my mother frances is the most kind-hearted, good-spirited, patient, beautiful, intelligent and loving person that i've ever met in my entire life. in 2002 my mom was diagnosed with having thyroid cancer. the doctor was able to get rid of all the cancer and it has yet to come back. my mom never seems to be scared, and she always makes sure she stays strong for the family. she has worked in special education for over 15 years and absoluly loves what she does. at our church she worked for an organization which helps to provide foster children with homes. she loves this field of work because she was adopted by her grandmother when she was younger, and she adopted me when i was only 2 months old. i am so blessed that i was adopted by such an amazing woman to provide me with more love and support than i could ever ask for. i a
merging. >> reporter: ashley murray's family business devastated. >> this is very hard for you personally? >> yeah. >> reporter: i can see it in your eyes. >> yeah. yeah. it's just we're devastate. it's just been a devastating process, and there needs to be a little bit more help. >> reporter: do you feel forgotten? >> a little bit, yeah, yeah. so this was once a really nice showroom. >> reporter: 80% of her inventory gone. >> essentially we have moved everything into our stockroom so that we can work from the sidewalk, so now this is where we are functioning from. we have one functioning computer, one printer, and we have people coming in from the roll-down door. >> reporter: before sandy you didn't have any debt. >> right. >> reporter: now? >> now we're probably looking at $700,000 to $800,000 in debt. >> reporter: of debt. what kind of help have you gotten from the government? >> nothing from the government. >> reporter: ashley found government loans with 6% interest. her bank did better with a line of credit adjusted over 3%. >> we had chop saws and boxed items that -- >> reporter: th
happy. very good hearted child. >> reporter: at 17 years old, high school senior ashley duncan stood 5 feet 11 inches tall. she did some modeling was called daddy's little girl and was a big fan of volleyball. >> she played in middle school and she played in high school. >> reporter: but her social media posts were the opposite. they were often ugly, dark and clearly cried out for help saying things like god is torturing me keeping me here i am ready for life to be over. if you know what it feels like to want to die every minute, second, hour, day, week, month year you feel me. >> you feel cheated sometimes that i didn't know how deep this was. >> reporter: friends saw the posts ashley's parents a veteran police officer and a long time registered nurse didn't until it was too late. >> we did a lot. and you pick up signs. >> reporter: on the morning of january 30th the teen posted a picture of a revolver and the words, i finally got a gun. before that, the teen's mom received the worst text message of her life. >> i saw the text and i was in shock. >> reporter: mrs. duncan has the messa
: at 17 years old high school senior ashley duncan stood 5' 11 tall. she did some modeling, was called daddy's little girl and was a big fan of volleyball. >> she played in middle school and she played in high school. >> reporter: but her social media posts were the opposite. they were often ugly, dark and she clearly cried out for help saying things like god is torturing me keeping me here. i'm ready for life to be over. if you know what it feels like to want to die every second, hour, day, month, year, then you know me. >> i feel cheated. i didn't know how deep this was. >> reporter: friends saw the posts. ashley's parents, a veteran police officer and a long time registered nurse, did not until it was too late. >> we did a lot and you pick up signs. >> reporter: on the morning of january 30th the teenager posted a picture of a revolver and the words i finally got a gun. before that the teen's mom received the worst text message of her life. >> when i saw the text, i was in shock. >> reporter: mrs. duncan still has the message on her phone. >> i took dad's gun. i'm tired. i'm sor
is he throwing that away? former san francisco mayor willie brown's here, along with ashley parker of the "new york times." mayor, you were a pro, it seems that romney is not a pro. he had a good concession speech. the president threw him a big offer to have something look a new hoover commission, something really good for him to do. he whips back with this accusation the president bought the election. >> total and complete bitterness, chris. this man obviously is wrong for the game. he has lost, and he lost badly. he's embarrassed, and he's trying his best to minimize the victory. he's trying his best in some fashion to say to people it was taken from me unfairly, that i should have won, and that if there had been only my kind of people voting i would have won. however, there were some other people voting, and they're the people that you and i don't like. that's what he's saying to his people, and that's wrong. >> let's take a look at the audio from the conference. just like that 47%, it was recorded. let's hear romney talking to his donors in which he says in this tape the presid
on a monday. construction gets a boost from sandy and storm victims get a break from banks. ashley morrison in new york has more. >> reporter: good morning. sandy is shaping up to be the second costliest storm in history. the price of rebuilding could boost the economy. some economists say we might see a lift of the first month of 2013 as construction workers are hired to rebuild buildings, roads and bridges. increases in construction often leads to a boost in other industries. economists say there could be a bump in auto manufacturing due to the number of cars lost in the storm. >>> some big banks are waiving fees and late charges for residents in states affected by sandy. that includes jpmorgan chase, citigroup, wells fargo, bank of america and pnc. most of those banks are waiving their fees until november 7th. bank of america's waiver period runs through today. >>> investors overseas waited on the sidelines ahead of the u.s. presidential selection. tokyo's nikkei dipped a half of a percent. the hang seng lost half of a percent. wall street ended on a sour note. the dow lost 139 points wh
the bay area. good evening, everyone. i'm carolyn johnson. >> i'm dan ashley. it is sandbag season in the bay area, and the downpour could hit so hard and so fast that some areas could see flash floods. >> we are expecting three storms in the next five days. clogged storm drains could of course cause flooding. abc7 news meteorologist sandhya patel is here now with when the first will hit. sand jaw in. >> as we check out live doppler 7hd, we are seeing the first signs of the storm across the northern california coastline. as you can see on live doppler 7hd, it is going to get in here in the morning, and as we show you our area right now, the moisture is just to the west. it is the leading edge of the storm we are watching. computer animation shows that the rain begins at 2:00 a.m. and the winds are kicking up over the higher elevations. 30 to 35 miles per hour, but the strongest wind and the heaviest rain during the 5:00 a.m. hour really continues. 8:00 a.m. it is still going pretty stormy and could see some thunder right on through 10:00, 11:00 in the morning behind the front. it w
. david martin, cbs news, the pentagon. >> up next some of this morning's business headlines with ashley morrison. and with no luck throwing the ball, the rookie quarterback opens up the ground game. [ knock on door ] cool. you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them online, too. nice. between those boxes and this place, i'm totally staying sane this year. do i smell snickerdoodles? maybe. [ timer dings ] got to go. priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. . >>> here's a look at the weather in some cities around the country. mostly sunny in new york, 53 degrees. same deal in chicago 57 degrees. clouds and windy in dallas 72. and a chance of showers in l.a. 65 degrees. >>> let's check your national forecast. much of the east and south will be mostly sunny and please. midwest sunny and dry with temperatures near 60. in th
evening, everyone. i'm carolyn johnson. >> i'm dan ashley. meteorologist sandhya patel is tracking this system on radar. >> sand yaw, what is the latest? >> carolyn and dan, on live doppler 7hd, the storm is now moving through the heart of the bay area. let's go to it. i'll show you where it is raining. it is losing a little steam, if you will. there were some downpours earlier, especially this the north bay. i will take you in closer here, and in the north bay, still some steady rain, but notice santa rosa is lightening up. we are seeing some rainfall right now and a brief downpour around the novato area, san rafael and heading out toward the central bay here from san francisco to san ramon, fremont and getting into the san jose area. the rain is not through with us just yet. live doppler 7hd will be tracking more showers for the morning commute. i will be back with the details coming right up. >> thanks very much. >>> developing news, two children trick-or-treating in the rain were hit by a car in santa rosa. police say there were adults with the children who tried to stop them f
on encouraging news from washington on the "fiscal cliff" issue. ashley morrison of cbsmoneywatch.com joins us. good morning, ashley. >> reporter: good morning, to you, frank and michelle. asian markets got a lift this morning on growing optimism from debt talks in washington. tokyo's nikkei rose 1% while hong kong's hang seng also gained about 1%. the improvingometer mitchell on the "fiscal cliff" gave wall street a boost, as well. the dow added 106 points after being down triple digits earlier in the day. while the nasdaq was up 23. >> could the dollar bill be going out of style? a congressional panel is once again calling for the u.s. to stop printing singles and switch entire to dollar coins. the nonpartisan panel believes the switch could save taxpayers money. it is more expensive to produce the coins but they last about 6 types longer than the paper bills. i don't know. it's going to make my bag heavier for sure. >> that's what i was thinking. my purse is already heavy. >> got four bucks? let me see it here. >> ashley, from time to time frank will go and make a starbucks run for us but i
guerrero su esposa e hija y tres chiguagua >>azulito llego a esta familia de la mano de ashley la hija menor la familia >>una compañera de colegio compro muchos polllitos y me dio uno >>al llegar el pollito nunca pensé que fuera a sobrevir. mi hija muy creativa le puso azulito, pensando que el pollo iba a permanecer el color, fue creciendo y formando parte de la familia ,del dia a dia. >>y poco después azulito comenzo a asombrar a todos con sus increíbles hábilidades >>ashley le enseño a dormir boca arriba y lo hacia, con las patitas extendidas >>me llamo mucho la atención, y se acostumbro tanto que cuando dormia en su cajita dormia de ladito >>azulito es una bendicion es inusual que un gallo haga lo que él hace. >>dile que no, mamá. >>no, no, no. >>y por si fuera poco, tal parece que azulito tiene sentido del humor y le encanta hacerse el muerto. >>el sabe que su papa llego, porque lo vio entonces él hace todo eso porque sabe que su papi anda por ahí >>hola azulito >>y otra hazaña es que tiene una página facebook, vamos a ver qué foto colgaron >>ashley es la creadora
. there is growing movement how to cure your own. in assignment 7 report, dan ashley takes a closer look in salami making. >> in the mission district, cured meats are hot. making it is even hotter. the chef is known for his cured meats. he helped open the sala maria. 20% of the meat was house made and it quickly sold out. >> hopefully down the road 50% and then 100%. >> it's number of growing places making and selling their own cured meats. >> it's an old world technique and tradition. i think it was lost for a long time. >> he says it is a game of patience. it can take up to 18 months for meats to cure before they can be eaten because they only make small batches, it tends to cost more. >> from measurement go to aging to rotating -- from fermenting and being patient. >> they don't just sell the cured meats. they make them, too. >> and they will teach you from mixing it up. they are bringing the art to the masses. >> it's a place where meat products are prepared and sold, it could mean from a few kinds of sausage up to what we do which a s a bit of everything. it should be preserved and passed alo
tomorrow it's because i hit it. if you don't see me or ashley morrison tomorrow it's because we're halfway to a caribbean destination sipping on cocktails. ashley morrison has moneywatch this morning. am i telling the truth here? >> i would have two tickets to paradise so quickly. you have no idea, we would be out of here. good morning. lack of progress on fiscal cliff talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while the hang seng fell half of a percent. the deficit reduction talks weighed on wall street. the dow lost 9 points while the nasdaq gave up 9 points. brick-and-mortar sales reported increased sales to kick off the holiday shopping season. home prices in most major american cities are on the rise. a survey showed prices rose 3% in september. the bangladesh garment factory where 112 people were killed produced clothes for disney and walmart and sears. the ap discovered clothing and records connected to the retailers inside the remains of the factory. walmart says it stopped doing business with the factory after l
the "fiscal cliff" sent stocks plunging again. ashley morrison is going to have an update in your moneywatch report coming up in just a few minutes. >>> in the meantime, coming up, an elite group of navy seals in trouble. >> why they are being disciplined for helping a videogame company. >> and a heist straight out of hollywood how a motorcycle gang pulled off a daring robbery right inside a mall. ,,,,,, there is no more heartbreaking a sight than the sad. the exposed. the public testament to unrealized potential in such epic proportion. conversely, there is nothing more glorious... than the last minute comeback. it looks like something outa james bond movie. six men, dressed in black, wearing helmets and carrying axes ad bats, ride into the mall on >>> a heist at a mall in london like from a james bond movie. six men dressed in bats with axes on motorcycles smashed a display window at a jewelry store and rode off with $3 million worth of jewels and watches. >> i can't believe they got away. >> it might have been at the end of the night. they got in and out quickly. >>> today the agency tha
with ashley parker of the "new york times." mayor, you were a pro, it seems that romney is not a pro. he had a good concussion speech. the president through him a big offer, a hoover commission. he whips back with this accusation the president bought the election. >> total and complete bitterness. this man obviously is wrong for the game. he has lost and he lost badly. he's embarrassed, and he's trying his best to minimize the victory. he's trying his best in some fashion to say to people it was taken from me unfairly, that i should have won, and that if there had been only my kind of people voting, i would have won. however there was some other people voting, and they're the people that you and i don't like. that's what he's saying to his people, and that's wrong. >> let's take a look at the audio from the conference just like that 47% it was recorded. let's hear romney talking to his donors in which he says in this tape the president's victory was basically the result bribes to members of his base. portions were posted online. msnbc is uncertain exactly when the call took place but let's l
tomorrow. fox business' jeff flock is in columbus, ohio, and ashley webster's in the richmond, virginia, watching the election's impacts on the economy. liz: ashley, let's go first to jeff flock in ohio, a state that a number of political analysts are saying could determine the election outcome. jeff? one-one thousand, two-one thousand. he's at a rock concert. all right. we're going to hold off. that's jay-z -- go ahead. >> reporter: if you can hear me, i've never been in a jay d concert -- jay-z concert before, but that's what's going on right now. you really can't hear muchof anything, although everyone here seems to like it. ohio, of course, is a huge, huge state in this election. the president trying to do his best to get the vote turned out here. one issue that i think -- [inaudible] tomorrow, this is the first time that ohio has mailed out absentee ballots to all of its 8,000 registered voters. it got roughly -- did i say 8,000? 8 million registered voters. they got about a million of those back. mailed an absentee ballot, and they have not mailed it back in, and then they go to t
ashley judd? >> well, i've heard the ashley judd rumor. i've also heard her running for governor of tennessee, which democrats are trying to get her to run for. i think ashley judd wants to run for office. that's a serious piece of speculation that's been circulating in kentucky. but -- so mcconnell has to play bad cop here. how is the white house going to respond, push back on this? clearly boehner and mcconnell are trying to say, okay, we're going to start in the most -- the most conservative position we can find, even on this day where es certainsentially our s and see how the white house reacts. >> a stunning morning, stunning morning the evening after,have . chuck todd, you'rehe best, so are you john heilemann. the book game change. >>> stay tuned for the republican civil war. moderate republicans say it's time to move back to the middle, where the party becomes a white, their phrase, rural outwinger. time to nominate real conservatives, sit back and relax and enjoy the show. >>> one he of of the republican lurch to the right is in the last two election cycles they've lost f
" reporter ashley parker, who was actually on the mitt romney conference call with his big donors today and msnnbc's joy reid and ari. was mitt romney aware that you and possibly others got on to the call? >> no, i do not think he was aware. i think he thought he was just talking to members of his information finance team. >> we just heard a pretty good tape of abc. my suspicion is there will be more tape of this phone call coming out. >> i'm sure there will. i was on the call, an "l.a. times" reporter was on the call. a lot of that audio was in the stories that have already been published today. >> will there be any more surprising we'll learn about what he said on this call the reports that are out there pretty much capture it all? >> i think it hit the highlights where he was talking about the gifts president obama gave african-american voters, h hispanic voters and young voters. and also a pollster, he felt that sandies, the storm, that occurred the week before the election made a difference. one, he said it allowed the president to look presidential. you know, he was sort of doing
? >> nothing from the government. >> reporter: ashley found government loans with 6% interest. her bank did better with a line of credit at just over 3%. >> we had chop saws and boxed items that -- >> there go the lights again. >> reporter: the challenge of doing business these days even the generators fail. >> things are so bad here in red hook that this business right next door to ashley's is literally drying invoices like this with a hairdryer. >> reporter: what does this business mean to you? >> everything. it's my life. >> reporter: ashley's employees watched her grow up working along side her father. if this business went under? >> i would go under too. >> reporter: now it's up to her to save their jobs. >> there's so much history here. the community. our customers. i mean, we really do have -- we have a great business here, and i think we can make it great again. >> reporter: poppy harlow, cnn, new york. >>> so are you heading to the airport in the next few days to fly back home maybe from your thanksgiving vacation? well, you will not be alone. not even close. 24 million passengers
on this monday. ashley reports on a big weekend for retailers, you can imagine ashley. >> certainly was. good morning to you. shopping habits have a ripple effect on the global economy. asian markets were up on the news to record retail numbers. hong kong was unchanged. wall street investors like the packed stores. the dow added 172 points to once again move past the 13,000 mark where the nasdaq finished up 40 points. the holiday shopping season got started in record fashion thanksgiving night and the spending spree lasted through the weekend. a record 247 million shoppers visited stores or web sites over the four day weekend. this is an increase of more than 9% and they spent more than ever before, an estimated $59.1 billion. and retail analysts expect this cyber monday to be the biggest online shopping day of the year. they predict americans will spend one and a half billion dollars online today. that is an includes of 20% over -- increase of 20% over last year. >> did you get a lot of shopping done. >> i did a lot of shopping on friday. i wasn't planning on it. >> she has a new outfit. >>
open this morning. ashley morrison of cbsmoneywatch.com joins us now. good morning, ashley. >> reporter: good morning. well, lack of progress on "fiscal cliff" talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while hong kong's hang seng fell about .5%. >>> the deficit reduction talks weighed on wall street. the dow was down 89 yesterday while the nasdaq gave up 9. >>> retailers have a strong start to the holiday shopping season. according to shopper track, foot traffic was up more than 8% for the four-day weekend starting on thanksgiving. sales rose nearly 3% to $22 billion compared to last year. >>> and the surge in cyber monday shopping means big business for shippers. fedex says it expects to deliver 280 million packages during the holiday season. to handle the extra work, fedex has hired about 20,000 seasonal employees. guys, i got my first package yesterday on the front step and i had to run upstairs and hide it before anyone could see what it was. >> oh, nice. >> it begins. >> it does. >> are you a big adele fan? >>
to take a paternity test on an english journal talk show. >> michael is ashley's father. >> i believe what you say. >> i can't believe it. dna results show that ashley horn is michael lohan's love child from an affair back in 1995. and now before the results were even revealed, ashley said look, i don't want to be a part of the lohan train wreck. but too bad, sister. you're in. her mother is saying that michael lohan is the girl's dad and obviously he is. >> that is a hot mess. >>> all right coming up, believe it or not, some people are already lining up for black friday view. >> okay, ford meyer where planning for this year's presidential inauguration ceremony is off and running and these people are playing a huge role. i'll have the story coming up. >>> but first, if you think that your power bill is too high, this man got one for $11,000. when he complained, pepco said you know what it is actually more. his frustrating battle coming up next. >>> what would you do if you got an $11,000 bill from pepco, right? >> yeah, it was all too real in one case where they responded by sending out a
. crunch the numbers and talk business coming up next with ashley morrison. stay with us. ,, and a change in voter registration in california d >>> can you believe in? we are just 24 hours until election day. >> we have been waiting for this for a long time. and a change in voter registration in california could make a difference in a key race. melissa griffin joins us this more from the "san francisco examiner" to discuss it. >> good morning. >> reporter: good morning. >> good to see you. >> reporter: glad to be back at the grownup's table. [ laughter ] >> does either party benefit from this new registration? >> reporter: this year for the first time californians can register to vote online. and as you might imagine, the sorts of people who will register online will be under 35, estimates are that up to 60% of the million new online voters are under the age of 35. and that does tend to benefit the democratic party. the democrats just generally whether online or regular clipboards outside of the grocery stores have enjoyed a last-minute surge in voter registration here. there are 44% of c
, reports that actress ashley judd could be a top contender to challenge mitch mcconnell in 2014. could we see more high-profile women? she was lending her voice to the dnc and politically active. could we see more high-profile women entering races? >> pipeline is -- remains the single most important issue for increasing the number of women in elected office and there are two central pipeline issues. one women starting at state legislative level and moving up through the ranks. ashley judd is not an example of that. she's a big named person who can come in from outside and enter into politic in the same way that elizabeth warren was able to do, though from a different arena, obviously. in those cases, though, that notion of pipeline of really generating talent at the bottom is a responsibility of the parties and so both of the democratic and republican party need to think carefully about how they nurture local leaders, women who are on the school board, women on the city council, to build that pipeline. >> is it the farm teams that matter. melissa harris-perry, thanks. watch melissa's show
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